Railways (Directorate) Act, 1924

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Number 61 of 1924.


RAILWAYS (DIRECTORATE) ACT, 1924.


ARRANGEMENT OF SECTIONS

Section

1.

Nomination of Director of Amalgamated Company by London Midland and Scottish Railway Company.

2.

Time for nomination.

3.

Withdrawal of nomination.

4.

Short title and construction.

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Number 61 of 1924.


RAILWAYS (DIRECTORATE) ACT, 1924.


AN ACT TO CONFER THE RIGHT TO NOMINATE A DIRECTOR OF THE AMALGAMATED COMPANY TO BE CONSTITUTED UNDER THE RAILWAYS ACT, 1924 , ON THE LONDON MIDLAND AND SCOTTISH RAILWAY COMPANY. [27th December, 1924.]

WHEREAS the London Midland and Scottish Railway Company under and by virtue of the Agreement made the 25th day of February, 1904, between the London and North Western Railway Company of the one part and the Dublin Wicklow and Wexford Railway Company of the other part scheduled to and confirmed by the London and North Western Railway Act, 1905, is entitled to nominate a person to be a Director of the Dublin and South Eastern Railway Company one of the amalgamating Companies mentioned in the First Schedule to the Railways Act, 1924 :

AND WHEREAS the London Midland and Scottish Railway Company has allowed or granted to the Dublin and South Eastern Railway Company certain concessions, allowances, and advantages, including special proportions in division of receipts from through passenger and perishable or other traffic passing to, from or over the railways belonging to, leased, or worked by the Dublin and South Eastern Railway Company, or any part thereof: And whereas it is desirable that the said concessions, allowances, and advantages should be continued after the Amalgamated Company to be constituted under the Railways Act, 1924 , has been formed: And whereas an Agreement for that purpose has been made between the London Midland and Scottish Railway Company and the Great Southern Railway Company in consideration of the right to nominate one Director of the Amalgamated Company being conferred on the London Midland and Scottish Railway Company: And whereas the rights, powers, duties, and liabilities of the Great Southern Railway Company under the said Agreement will vest in the Amalgamated Company under the provisions of the Railways Act, 1924 :

AND WHEREAS the right to nominate a Director of the Amalgamated Company cannot be conferred on the London Midland and Scottish Railway Company without the authority of the Oireachtas:

BE IT THEREFORE ENACTED BY THE OIREACHTAS OF SAORST?T EIREANN AS FOLLOWS:—